Flex survives a $500 million loss in business after SunEdison flamed out


$500 million is a staggering amount of money to lose under any circumstances. How could any business survive losing that much revenue in one year?

Well, despite losing $500 million thanks to last year’s spectacular SunEdison flameout (and continuing fallout), Flex still managed to grow its energy business 6% in 2016. Until it announced its bankruptcy last year, SunEdison had been Flex’s biggest solar-tracker customer.

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